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Verbal offer but offer letter taking weeks?

Received a verbal offer from HR after a few rounds of internship interviews for a MM IB in Asia but one of the largest in China. However, it has been almost a month and HR just said that there is a few more rounds of approval required. Is this normal? What should I do?

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Top answer
Rita
Coach
on May 27, 2025
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation

Hey, totally understand how this feels... waiting with no clarity is tough. I actually know someone who had a similar experience with a large MM firm in Asia. In their case, it also took several weeks after the verbal offer, mostly due to internal approvals and sign-offs. So yes, unfortunately, this kind of delay can be normal, especially in bigger or state-affiliated firms.

That said, it’s perfectly okay to follow up politely, something like: “Just checking in to see if there’s any update on the timeline. I’m still very excited about the opportunity and happy to provide anything you might need.” That keeps you top of mind without sounding pushy.

And just to be safe, I’d still suggest continuing with other applications until something’s official. Always good to have options.

Best regards!

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